Foreign Institutional Investors (FIIs) does it again – Sensex zooms 879 points with speculative buying as SEBI gives in completely to FII demands but Sensex goes down down 515 points from intraday high
Lirit Chauhan
Oct. 24, 2007

Indian stock market now is formally a casino market place for western Foreign Institutional Investors (FIIs) who cannot gamble in their own turf. The Sensex goes up 879 points as SEBI, the regulatory body of Indian stock market hints at softening stand on participatory notes. These participatory notes are the instruments of gambling by the western FIIs. The SEBI back track and surrender is interesting. It may be the formal loss of Indian financial independence to the West after gaining independence from Western colonials in 1947.

Foreign Institutional Investors (FIIs) does it again – Sensex zooms 879 points with speculative buying as SEBI gives in completely to FII demands but Sensex goes down down 515 points from intraday high.

The market is cheerful now with 4 to 5% gain per day as these western FIIs pump in mega money into the Indian stock market. Their goal is to create euphoria about stocks among common people in India and then dump the whole market on the poor Indians.

The bubble is massive. It looks bigger than the American bubble in 1929 and Japanese bubble in late eighties. The market probably will collapse with a 5,000 point single day crash which will be the start of multi-decade bear market.

The broader S&P CNX Nifty rallied 289.7 points, or 5.59 per cent, to end the day at 5,473.70 points.

Foreign Institutional Investors (FIIs) does it again – Sensex zooms 879 points with speculative buying as SEBI gives in completely to FII demands but Sensex goes down down 515 points from intraday high
Lirit Chauhan
The bubble is massive. It looks bigger than the American bubble in 1929 and Japanese bubble in late eighties. The market probably will collapse with a 5,000 point single day crash which will be the start of multi-decade bear market.
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Sensex goes up 900 points on foreign financial institution buying as SEBI gives in to carry traders – the smell of bubble in Indian economy
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The Government has failed to contain the bubble. The long-term effect is nasty. The FIIs are trying to lure common people in India into the stock bubble frenzy and then dump the market on the natives..
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Sensex opens lower, reverses and closes up as SEBI backtracks on its threat on Pnotes – the market may follow US market downwards
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The FDI inflow can reverse as the US companies face credit, liquidity and profit crunches. The bear market in Sensex will see some nasty crashes as the FIIs pull out and run for cover in 2008.
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The gray market activity points to a much lower Sensex in coming months
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It signals red for the main stock markets in India. Past correlation and time series studies found gray market in India setting the trend a month or so ahead of the main stock exchanges.
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The foreign financial institutions sold Rs. 4000 crores of stock taking Sensex in a climatic reversal of 750 points
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It was the foreign financial institutions that created the bubble in Indian stock market. Now they are in the mood of exodus. Sensex fell nearly 4 per cent today after an early rally to a record high.
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Sensex down 717.43 points to close at 17,998.39 – foreign funds starts pulling out creating massive vacuum
Sheena Phadke
The vicious bear market has started after a fabulous blow off in Indian equities. Bear markets after such massive bubble bursts continiue for at least twenty years.
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